Grow slowly and organically from utilising the income share sales at that price brings, report strong results and pay good dividends (all of which grows trust) and the remainder of the issued shares will sell in time.

How long were you expecting it would take to sell the 22050 shares at 0.11 BTC - 0.12 BTC ?

How much BTC are you aiming to raise from selling the 22050 shares ?

I may be in the market for VPS soon. What spec at what price per month are you thinking of offering ?

This is a very disappointing response. If you are serious about floating your company then you must understand that right now, you have issued 45,000 shares, and sold 724 of them, meaning you own 44,776 shares. You could offer these for sale whenever you like for 0.0001 btc or 1 btc. No one knows unless you say. You are in complete control of the price, not the market.

So I ask again, how many of these shares are you going to sell and for what price? If you can't answer this simple question, you obviously don't know what you're doing when it comes to offering a business or investment opportunity. [/quote]

Currently I am using the stock to convert to USD. This way I can open an account with my distributor. Also allows me to purchase the services needed and hardware needed to get the operation off the ground.

I hate to nit-pick, but you cannot 'use stock to convert to USD'. You received btc in proceeds from the sale of some of your stock. I assume you mean you bought USD with the proceeds in order to invest in the business. Good, but please say so.

100% will be returned to the shareholders. You can read the contract if you wish. This was all covered in it.

Yes but who are the shareholders? You have issued 45,000 shares and sold 724 so far. Assuming the sale of 724 shares netted 79btc which you have invested in the business. If you somehow manage to make 100 btc, say, who gets this 100 btc? Is it split evenly between 45,000 shares or by the 724 you have sold?

Right now I am trying to get a base value of the company. This way I will be able to figure out which directions to go first.

You will not be able to get a base value of your company by randomly offering shares for random prices and being unable or unwilling to say what you are going to do with the rest. You need to have a plan. Articulate it. Execute it.

As right now it will be building rigs and VPN service. More will be coming in the next few days. The more shares sold the more the company can do.

So lay this out then. A plan could be to offer 45,000 shares at 0.11 btc. As these are sold, the proceeds are invested immediately. Interim proceeds are paid out to external investors evenly until the IPO is filled.

Or maybe you ladder the offer, first 500 are 0.11, second 1000 are .12. Next 2,000 are 0.13 etc. etc.

Whatever, it is imperative you have a plan otherwise your shares are worth nothing.

Currently I will be holding on to 51% of the shares. This may be only for a while. Until the company has its feet off the ground. I would eventually like to have it run completely by the shareholders. This may not be the best idea. Time will tell.

Hmmm. You have issued 45,000 shares. Do they fully limit the company? Or does that represent the 49% of the company you are not going to be selling? Because you have not offered for sale either 49% of those, or 100% of those, it is impossible to know where this 51% figure comes from.

I am sorry I took so long to reply. It is getting late here and I have been on the phone for the past 4.5 hours with data-centers and the distributor. Not too much fun there.

To answer your questions.

Yes I realize I have been screwing the company over. This has been an issue since I have been trying to figure out an average value of Bitcoins to USD. As the initial investments with these companies must be in USD.

I am going to finish crunching numbers and put a new asking price up once it is complete.(about 10-15 minutes)

As for the nit-picking. You are quite right. I wrote that while on the phone. I am sorry to you and everyone else for not wording it correctly. You are quite right. I used the proceeds to convert to USD. This way I can start the contract procedure with the distributors and other companies.

For the question of "Yes but who are the shareholders? You have issued 45,000 shares and sold 724 so far. Assuming the sale of 724 shares netted 79btc which you have invested in the business. If you somehow manage to make 100 btc, say, who gets this 100 btc? Is it split evenly between 45,000 shares or by the 724 you have sold?"

It will be split evenly among all shares. The shares that are not sold and have earned a dividend will be reinvested into the company. My 51%(22950 shares) will also be reinvested into the company.

The last few points you make are quite clear. This is why I am crunching the final numbers now. I am not sure exactly why I was changing the prices. I guess it may have been all the distractions. With the phone and talking on the forums/PM's, faxes and so forth. I am sorry to all investors current and future.

Yes I understand. The 45000 shares will be the total. My shares will be 22950 out of them.

Once I am done with the final crunch I will post the final price per share. Thank you. As I doubt I will do a ladder.

Thank you for the information. It was noted and is being fixed as I type this.

As a potential shareholder, I would ask for a commitment that you don't lower the price below 0.109 for the unsold shares. Either that, or you commit to a smaller IPO sale (say 5,000 shares) at 0.109 and keep the rest in reserve. IMO, you should try to sell enough so that you can operate the business with an initial cash injection, and only issue more when you have a business case to increase the value of the company, for example to buy more equipment. By then, you should be able to demonstrate the ability to derive profit and so be able to issue the shares at a higher price preserving initial shareholder value. Even then, you should put it to a shareholder vote.

I don't want to sound to lecture-y, but this is what I expect as a shareholder. Good luck with your IPO and with your business.

NXT VPS Server Donations can be sent here: 6044921191674841550At the end of each month I will donate some of them back to the community.This is separate from my main wallet so you can keep track of them. I will keep them in there and only use them for hosting.